The Small Business Owner’s Guide to Preparing for Uncertain Times
Uncertain times, such as economic uncertainties and potential regulatory changes, may create challenges for small business owners. These periods may bring new regulations, tax updates, or adjustments to...
Change in 1099 Reporting for Non-Employee Compensation to Non-Residents
Beginning in tax year 2018 (filing in 2019), all non-resident payments reported on 1099-MISC will be subject to Pennsylvania withholding taxes (3.07%). Happy New Year! With the new...
Gift cards given to employees must be included in taxable wages. 'Tis the season of spreading good cheer and many of you may be celebrating by generously giving...
It’s hard to believe the holiday season is right around the corner. Soon we’ll be turning the page (or swiping a screen) on our calendars to note the...
Are you eligible for the Work Opportunity Tax Credit?
Employers who hire and retain individuals from specified target groups may qualify for a federal tax credit. The Work Opportunity Tax Credit (WOTC) is a federal tax credit...
Every employee must have a fixed and clearly defined seven-day workweek. Sometimes employers get confused between a workweek and a pay period. The IRS is pretty clear on...
The Equifax Data Breach: Seven Recommended Steps from PaySmart
Recent news of the Equifax data breach may not seem like something to pay attention to – stories of data breaches have become almost familiar. But it’s critical...
